š Exciting News in Crypto! š
Backed, Sonic, and Chainlink have teamed up with Fortlake Asset Management to tokenize the Sigma Opportunities Fund, marking a major milestone in bringing traditional financial assets onto the blockchain!
- **Tokenization Triumph**: Backed's TaaS platform tokenizes the fund, linking tokens to real-time Net Asset Value (NAV) for DeFi compatibility.
- **Sonic Speed**: Sonic, an EVM-compatible blockchain, processes 10,000 TPS, ideal for real-world asset tokenization.
- **Chainlink's Role**: Provides on-chain NAV data, collateral verification, and cross-chain liquidity.
Join the conversation! What are your thoughts on asset tokenization's future? š¬